As Bitcoin progresses towards 2024, market analysts are closely watching its performance in relation to the recent April fork event. Judging from historical patterns of previous forks, there is a possibility of a surge in the fourth quarter, with price action in 2024 bearing significant similarities to the past few years. Analyst Al...
Samson Mow, a well-known Bitcoin promoter in Asia and CEO of JA3, called on the Japanese government to purchase 167,000 Bitcoins. Mow convinced Japan with a tweet at Sunday’s Bitcoin and Layer 2 conference, which was hosted by Blockstream, Crypto G...
The global Bitcoin mining landscape is changing significantly, with U.S. mining companies gaining an advantage. A chart recently shared by CryptoQuant founder Ki Young Ju highlights this evolution. This chart shows the geographical distribution of Bitcoin mining pools over time...
Peter Brandt, a senior market analyst, shared a report on the Bitcoin to Gold (BTC/GLD) ratio that suggests a possible bull run for Bitcoin in the future. He believes that Bitcoin could eventually rise to 123 ounces per BTC...
Russian President Vladimir Putin has signed a law legalizing cryptocurrency mining in Russia, a move that has sent the price of Bitcoin soaring toward $60,000. Russian news agency TASS captured information about the latest regulations. The report pointed out that the new bill introduced several key concepts...
Bitcoin major holders accumulated more than $1.6 billion in BTC tokens in 48 hours as the market continued to decline, creating a "buy on the dip" opportunity. Market analyst Ali Martinez drew attention to this accumulation wave in a recent X-Platform post. According to market intelligence resource San...
Michael Saylor, founder and chairman of software company MicroStrategy, sees it as the best strategy after his latest purchase of 169 Bitcoin (BTC). The MicroStrategy executive made this point in a tweet yesterday,…